Thank you for providing the data above. Much appreciated. How do you find the Swap rates with Pepperstone on the CHF & JPY pairs? Have a great week trading FOK.
So far, so good, tight the stops!
Try again, sorry for no update until now, if it works, you can see why.
GBPCAD maintains the status quo, where are the believers? Anyone checking the prices or doing similar calculation, please comment, or do I just keep editing this post ad infinitum?
WOW, guess no one is following, or can’t be bothered to REPLY, or all went on holidays with Dennis?
Another new top trade, long CADJPY, which seems counter-intuitive on a down day, but think of it as the least dirty shirt. The big new is that USD has gone to the Weak side, commodity currencies now holding the 3 top spots; that’s Risk Off isn’t it? Well, the Dow was down 400 points.
Thanks FOK, like the format for following when new top trades occur, makes it eayr to track. GBP/CAD a nice winner already, missed it myself unfortunately.
Not sure how you’ve got CAD/JPY as the new top trade though? Seems to me that GBP/CAD is still the top trade with USD, CHF then GBP being WEAK 3, 2, 1?
Welcome back, your last post was 3 years ago? Thanks for pointing that out, you are correct, I must have glanced at the wrong table, here is corrected version. So, even if you missed the initial day, the trade is not over by the look of it, this is trend trading so jump aboard.
This is a good format because it shows the history of each currency, and to spot misteaks!
Thanks for the update and your hard work doing the charts. FXCM on tradingview tend to have the most accurate prices just out of interest not that it matters overly but I noticed Kei on youtube (ichimoku strategist) uses them as his default and he trades with an account size in the 100s of thousands. As I said your hard work is appreciated FOK. Have a great weekend.
I wouldn’t think brokers would have much difference for the daily closing prices but if you find any huge discrepancy let us know.
There is more risk of data entry errors such as I have found here, check the Thursday highlighted price, 149 instead of 146, now corrected. Also, initially this was about finding the top 3 strong and bottom 3 weak for opportunities, and track the recent 25 days, but I have now added the 2 neutral currencies to make the schematic follow all currency movements.
Great chart and calculations as usual. Have a wonderful Tues trading!
Thank you, and we have a new top trade candidate, anyone concur? I see room to move and if any currency can be 700, 800, even 900 pips away from where it is now in a few days, it’s the GBP.
Hahah, wow, didn’t realise it had been that long!
I do check the SW ranking most days and have a similar indicator incl on my charts and utilise it as a confirmation to my current trend trading strat signals. Did do some solid backtesting on just the SW signals a while back and it was very promising and something I’ll look to form another strat around. Need to form the position and risk mngt side, based off the ATR for TP/SL levels.
Another day, another Top Trade, NZDCHF, what surprises will end of the Quarter, end of the Month bring?
USD begins the much-predicted reversal, but does 1-day make a trend change?
Battle going on for top spot, CAD drops on news, not good for CADCHF, see chart.
My 3rd consecutive post, so someone needs to post or I’m stalled next week. Where are all those people asking, why do you use JPY? how do you make calculations? how do you trade?
Just to help out…
On a side note, surprised to see Gold fall so much the past week, I trade it either direction but definitely am a bit surprised. Interesting to see how it performs this week.
I am back, and markets seem to be as crazy as ever
First day back and already a new top trade, GBPNZD short, it did pretty well on the upside earlier this year, let’s see if we can get another winner
A sea of red , the good news is these mini bear markets ( Aug-Sept) will find a bottom sometime in the month of October. let’s see who can spot a true reversal when it happens
On the plus side, Stocks down with the Yen up is how things should be, so maybe we are getting back to normal